I would like to wish everybody a Happy New Year.

I am sure that you built up your energy and had a fulfilling time during the New Year’s holiday period. I am delighted to be able to usher in the beginning of a new year with everybody at the Yusen Logistics Group in Japan and around the world.

Review of 2017

Reflecting over last year, improved employment conditions and recovery in private consumption meant that signs of global economic recovery were seen. In the international logistics market, there was sound movement of both ocean and air freight. Against this background, our group’s Long-term Vision, “TRANSFORM 2025,” was announced in spring last year. In this announcement, we indicated the stance that we were aiming for as well as how we would achieve that stance. We also defined our group’s management philosophy of Vision, Mission and Values and various initiatives were newly started in accordance with TRANSFORM 2025 from a medium- to long-term viewpoint in the aim of continuous growth. With the understanding and cooperation of the group overall, we have again handled more ocean and air freight than the previous year. In the logistics business, we are making a new start for the future in each field, including proactively deploying operations, opening new facilities, and adding high-added-value facilities. However, we did not handle as much freight as was anticipated and improving gross profit took time. As a result, profits decreased dramatically and this was a tough blow for us as a company.

TRANSFORM 2025

Last year, we redefined our Vision, Mission and Values, which can contribute to customers and society based on our single identity held by more than 22,000 employees around the world. To achieve our vision of “connecting people, businesses and communities to a better future through logistics,” we are employing insight to improve service quality, and innovation to become the world's preferred supply chain logistics company and contribute to the sustainable development of business and society. In doing this, it is vital that we aim to become the world’s preferred company.

I am sure that you are all engaging in your daily work with the shared values of being Connected, Committed and Creative, which will lead to this action. With our globally shared Vision, Mission and Values, we have fostered a stronger sense of unity. The accumulation of our action models as demonstrated by our Values 9-box has created the Yusen Logistics culture and become a firm foundation to steadily approach our long-term vision and to offer our customers higher values.

Let us strongly emphasize this sense of values and certainly execute our basic, business and regional strategies.

Future Prospects

As announced on October 31 of last year, a takeover bid was started by our parent company, Nippon Yusen Kaisha. Our company will become a wholly-owned subsidiary of Nippon Yusen Kaisha this business term.

This will make it possible to strengthen our business and regional strategies, increase the efficiency of our business processes, and invest in growth regions at a greater scale than previously possible. Improving our medium- to long-term profitability and competitive power will further enhance our corporate values. We believe that this will aid in pushing us toward completion of our Long-term Vision, “TRANSFORM 2025.” After becoming a wholly-owned subsidiary company, management resources and expertise will be able to be mutually used amongst the Nippon Yusen Group, thereby contributing to future business development. As we will maintain our brand and continue to deploy our business as an independent logistics operator, it is my hope that you will all work in unity with us going forward.

Compliance

We need to cover the topic of legal compliance once again.

Last year, a major breach of compliance occurred at our company, resulting in a very heavy penalty being imposed. Breaches of compliance greatly damage company trust. Nothing can be prioritized over legal compliance. If you have any doubts or questions regarding daily business activities, do not hesitate to discuss this with somebody.

While I realize that you have undergone various types of training regarding compliance in the past, such training will be continued going forward. Therefore, I hope that each one of you will become more aware of compliance and make every effort to enhance our company framework and regain the trust of our customers.

Conclusion

At Yusen Logistics, we need to keep developing as a company in a sustained manner into the future. To do that, each one of us needs to thoroughly fulfil our role. Please ask yourself, “How can I create better connections in everything I do?” Asking yourself this question will lead to the achievement of TRANSFORM 2025 while also giving you a sense of the significance of and pride in working at our company. It is my earnest wish that everyone at the Yusen Logistics Group and your families will have a healthy and fulfilling year ahead. I hereby conclude my New Year’s greeting to you.

PT. Yusen Logistics Solutions Indonesia which provides warehousing in Indonesia, obtained halal certification of warehousing from the Assessment Institute for Foods, Drugs and Cosmetics, the Indonesia Council of Ulama (LPPOM-MUI) last November. This makes Yusen Logistics the first Japanese logistics provider to acquire halal certification for warehousing. Combined with the certification for ocean and air forwarding that we received last year, we can now offer one-stop halal logistics services throughout Indonesia.

The obtained certification covers the entire range of our various logistics services such as storage, sorting and shipping at No. 1 and No. 2 warehouses owned by Yusen Logistics Solutions Indonesia in MM2100 Industrial Town, in a suburb of Jakarta. Specialized spaces have been provided for halal products inside warehouses, and our staff are trained on the handling of halal products in order to conduct operations following halal-certified procedures.

Last August, PT. Yusen Logistics Indonesia which provides the ocean and air forwarding business, became the first Japanese logistics provider to acquire halal certification for ocean and air freight export and import at Jakarta’s airports and seaports. With the additional certification for warehousing, we will be able to manage inventory for halal products imported through Jakarta Airport at Yusen Logistics Solutions Indonesia’s warehouses and deliver products in accordance with customers’ orders. This system will allow us to provide halal-certified services across the entire supply chain within Indonesia.

Yusen Logistics is establishing a halal logistics service across Asia. In April 2015, Yusen Logistics became the first Japanese logistics provider to acquire halal certification in Malaysia for both transportation and warehousing operations, and in April 2017, we were the first logistics provider in Thailand to acquire the same certification at our Laem Chabang warehouse. This new certification makes us the only Japanese logistics provider in Indonesia that can offer the entire range of halal logistics services. We will continue to develop global halal logistics so that Muslim customers can use our products with peace of mind.

Warehouse for Halal (YS-ID No.1)

Warehouse for Halal (YS-ID No.2)

Yusen Logistics will be exhibiting at Asia's largest aerospace and defense show, the Singapore Airshow, from 06th to 11th February 2018 at Changi Exhibition Center, Singapore. The event brings together leading aerospace and defense manufacturers, services providers, and partners for 6 days of networking, presentations, and strategic conferences.

Yusen Logistics will be exhibiting at booth B26

Yusen Logistics will be presenting their latest solutions for efficient parts procurement and transportation, service parts logistics, and AOG (aircraft on ground) services. Yusen Logistics will be represented by a global team from Asia, Europe and America, and will be answering questions on logistics development and strategies for the Aerospace industry.

Yusen Logistics have been developing and delivering customized solutions for leading international aerospace manufacturers, airlines, and MRO service providers for over 50 years. The company's logistics services have received praise over the world, and the company was the first logistics operator in Japan to be JISQ9100 certified (the international standards for quality management systems that are unique to the aerospace industry).

Additionally, visitors can enjoy a glimpse of Japanese culture during our Sake Barrel Breaking Ceremony (known as a "Kagami-Wari" ceremony in Japanese) and a daily "Sake Networking Happy Hour" event at the booth.

2016 Event (1)

2016 Event (2)

＜Event Information＞

Yusen Logistics has been awarded Best Professional Service by Renesas on 12th December 2017.

The Best Professional Service Award is given by Renesas to suppliers and companies that have made the most contributions in the field of services requiring a high level of specialization. Yusen Logistics has been selected for this prestigious award in recognition of the global activities that it has conducted in cooperation with Renesas. These activities include proactively offering proposals for the establishment of a distribution center in Malaysia, and the optimization of logistics costs in overseas logistics reform projects. The award was presented at a ceremony on “Renesas Supplier's Day,” hosted by Renesas on December 12, 2017. This is the first time that Yusen Logistics has received this award from Renesas.

Yusen Logistics’ Malaysian subsidiary, TASCO BERHAD, has established a distribution center inside the free commercial zone in Kuala Lumpur Airport, which began operations in May last year. The center has been specially designed to handle semiconductors, with a clean room that meets CLASS 8 standards for sorting semiconductors. It gathers together products produced by Renesas’ Malaysian factory and acts as a global hub for their products worldwide. Yusen Logistics will continue to conduct improvement activities going forward in order to smoothly carry out warehouse operations and shipping to overseas destinations.

Like our tagline, “Insight into Action,” we will move forward as one to apply “insight” and provide bespoke supply chain logistics.

Award ceremony

(From Left to Right in the picture)

Mr. Manabu Kawashima, Executive Vice President at Renesas Electronics Corporation.

Mr. Tetsuhiro Shimizu, Director at Yusen Logistics Co. Ltd.

Yusen Logistics (China) Co., Ltd. has begun an intermodal transport service using the Wuhan–Guangzhou Inland Railway. The service will be offered three times a week from Wuhan to Guangzhou and once a week from Guangzhou to Wuhan, supporting the growing demand for road transportation between plants in these two regions home to booming automotive industries.

In recent years, major automobile manufacturers have accelerated their expansion in Wuhan by launching new plants there, and the area is gaining greater prominence as a center for the automotive industry. In Guangzhou automotive sales remain favorable and companies are continuing to expand their plants and manufacturing facilities. Many automotive parts manufacturers operate in both Wuhan and Guangzhou, and in response to the growing demand for transportation between these plants, Yusen Logistics (China) has started an intermodal transport service using the Wuhan–Guangzhou Inland Railway.

We offer this service three times a week from Wuhan to Guangzhou and once a week from Guangzhou to Wuhan. Whether the departure is from Wuhan or Guangzhou, cargo is loaded onto the freight car on the day that it is collected, and is dispatched the following day at around 2 a.m., arriving at the terminal two days later at about 2 a.m., being delivered that afternoon at the earliest. By using the Wuhan–Guangzhou Inland Railway for this service, we can reduce costs compared with chartered trucks, and also possible to offer service on a fixed schedule. By switching from truck transportation to this service, we will be able to adapt to exhaust emission regulations and other environmental regulations, which are expected to become stricter in China in the future.

Yusen Logistics (China) Co., Ltd. offers a variety of services combining sea and air transportation and contract logistics with  logistics center in Wuhan measuring about 3,000 square meters and another in Guangzhou about 15,500 square meters. . Going forward, Yusen Logistics will continue to provide bespoke supply chain logistics.

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Yusen Logistics, a leading third-party logistics provider, has gained bonded status for its Bajio Logistics Center (BLC) in Mexico, which will enable customers to securely store cargo without immediate payment of duty and taxes.

Located near Celaya, the BLC includes a 53,280-square-foot warehouse and an ocean container depot with capacity for 1,000 TEUs.

“Our customs bonded services will enable our customers to lower their costs through duty and tax-free storage of imported goods into Mexico,” said Jordan Dewart, President, Yusen Logistics Mexico, noting that the warehouse is only one of a few bonded warehouse operations supporting the automotive industry in the Bajio region.

“With this service, we’re able to provide increased flexibility to our local customers, while allowing our foreign customers to have a larger presence in the Mexico market,” he added.

A customs bonded warehouse is a secured area where imported dutiable merchandise may be stored, manipulated, or undergo manufacturing operations without payment of duty for up to two years from the date of importation. This enables companies to extend the payment of taxes until the moment in which the product is consumed or sold, allowing the importer to improve the flow of cash.

Currently, Yusen Logistics has two customers utilizing the service. The warehouse and container depot areas are protected by video surveillance, access control, fences, and guards. Warehouse services include Inventory management, sorting and repacking of goods, expiration supply management, customs brokerage services, storage-in-transit, reverse logistics management, export preparation, and other value-added services. Container depot services include inventory control by specialized management System, domestic and bonded service, cargo weight certified (Verified Gross Mass or VGM), quality control inspection, maintenance and repair, container conditioning and transportation port-to-port and door-to-door.

About Yusen Logistics
Yusen Logistics is a global logistics and transportation provider that delivers custom supply chain solutions through one of the largest air, ocean and land transportation networks. We have over 500 offices in 42 countries and regions, with more than 20,000 employees at your service. Combining our services gives you greater control over your supply chain. For more information, visit www.yusen-logistics.com.

Yusen Logistics (Americas) Inc., a leading third-party logistics provider, is exhibiting for the first time at MRO Americas, a premier event for commercial air transport maintenance, repair, and overhaul industry. This year’s event is taking place at the Orange County Convention Center, April 10-12, in Orlando, FL.

Aerospace Brochure

Click here for more information about Yusen Logistics' supply chain solutions for the aerospace industry.

Located in Booth 2585, representatives from Yusen Logistics will be available to share the company’s MRO solutions for commercial and military aerospace customers. The solutions include engine repair and overhaul logistics; aircraft modification programs; inventory control and support; end-to-end visibility and live updates.

“We are very excited to participate in this year’s event,” said Neil Mitchell, Director, Aerospace Business Development, International Division, Yusen Logistics. “We’re looking forward to networking with other professionals and companies in the aerospace arena.”

In addition to MRO support, Yusen Logistics provides a wide range of aerospace supply chain solutions, including AOG (Aircraft on Ground) services; inbound to manufacturing logistics; aviation and aftermarket logistics; warehouse, order fulfillment and JIT delivery; and specialized transportation management, including oversized and project cargo.

The company is certified with Aerospace Quality System Standard AS9001 and Quality Management System for Aerospace parts JISQ-9100.

About Yusen Logistics
Yusen Logistics is a global logistics and transportation provider that delivers custom supply chain solutions through one of the largest air, ocean and land transportation networks. We have over 500 offices in 42 countries and regions, with more than 20,000 employees at your service. Combining our services gives you greater control over your supply chain. For more information, visit www.yusen-logistics.com.

PT Yusen Logistics Indonesia obtained GDP certification, which is the highest standard of quality certification for pharmaceuticals transportation, for FCL ocean freight forwarding from and to Tanjung Perak Port and for air freight forwarding from and to Juanda International Airport in March. PT Yusen Logistics Indonesia has become the first logistics provider near Surabaya to obtain GDP certification.

In Indonesia, demand for purchase of pharmaceutical products is increasing due to the popularization of the new universal health coverage that began in 2014. Japanese and foreign pharmaceutical manufacturers enter Indonesia, and the value of imports and exports of pharmaceutical products is also increasing.Our Jakarta branch has become the first logistics provider in Indonesia to obtain GDP certification in August 2016.Following the obtainment in Jakarta, our Surabaya Branch, which is in charge of Eastern Java, where pharmaceutical companies are expanding, has also obtained this certification, and we will provide a wide range of pharmaceutical logistics services that customers can use with peace of mind.

The scope of the certification is for FCL ocean freight forwarding from and to Tanjun Perak Port and for air freight forwarding from and to Juanda International Airport. For FCL ocean freight forwarding, we arrange customs clearance with the GDP guidelines and manage the status of transportation and delivery using the GPS tracking system. For air export freight forwarding, we arrange from picking up to delivery cargo to airline including packing and customs clearance. And for air import freight forwarding, we use a temperature-mapped vehicle for delivery after customs clearance, and strictly manage the cargo not to deviate to the last mile. In addition, we provide services that maintain the safety of transport in pharmaceutical products by conducting regular staff training and inspections in accordance with the GDP guidelines.

Our Surabaya branch has a wealth of transportation knowledge accumulated over many years of experience in ocean and air freight forwarding of pharmaceutical products. And there is Japanese employees to provide detailed services to customers in the suburbs of Surabaya. By obtained GDP certification in Surabaya, we will further expand pharmaceutical logistics operations in Asia, providing supply chain logistics to meet customer needs.

Our Surabaya branch office

（*）GDP : Good Distribution Practice

Yusen Logistics Taiwan announces further expansion of its services in Taoyuan with Warehouse No 6.  This new warehouse is nearby WH No1 & No3, which provided strong connection with operation capability.

Warehouse 6 is strategically located within 10 minutes from Taiwan International Airport and 20 minutes from Taipei Port, also within one hour from Keelung Port.  The facilities include air-con , freezer , chilling spaces to satisfy clients demand.

Consistently of two decades contract logistics service in Taiwan, Yusen Logistics Taiwan in order to provide the most consummate logistics services, we maintain close communication and interaction with our clients, fully understand their needs, and continue to introduce progressive logistics concepts and develop new logistics management technologies to ensure high quality and safety services.  Services start from custom clearance, inbound receiving, sorting, storage, outbound process, last mile delivery and value-added services.  Moreover, provide logistics total solution package service and consultation.

<Warehouse No.6>

<General Information>

Yusen Logistics (Taiwan) Ltd. completed the acquisition procedure for Uryi Logistics Solutions Co. Ltd. (Uryi LS) ,major Taiwanese logistics company in the automobile aftermarket. Through this acquisition, we will organically link the strengths of the two companies to further strengthen automobile logistics.

In Taiwan, sales of new cars is steady against the backdrop of increased demand for new car purchases due to the reduction and exemption of commodity tax for cars that began in 2016. Among these, imported vehicles continued to increase by more than 10% and accounted for about 40% of total sales of new vehicles. Aftermarket demand is expected to increase due to increased sales of imported cars, we will pursue further expansion of automobile logistics by acquiring Uyri LS.

Uyri LS is a major logistics company with a headquarters in Taoyuan, Taipei City that handles automobile aftermarket service parts. They have approximately 18,500 m2 warehouse for auto aftermarket service parts operation in their headquarters area and provide custom-made services tailored to the needs of their customers, mainly European and American automobile company and auto parts manufacturers by using their proprietary (*) WMS to manage in-warehouse operations such as the storage and storage of a wide range of aftermarket service parts to be provided to sales companies and repair companies in Taiwan.

In northern Taiwan, we have approximately 54,000 m2 warehouse in five locations. We operate wide range of businesses that combine ocean and air freight forwarding with contract logistics. And we participate in the handling of electronic products as well as automobile components, and in e-Commerce logistics for retail industry such as cosmetics. Uyri LS 's business with European and U.S. auto manufacturers' customers will greatly expand our business.

The acquisition will enable Uyri LS to provide its customers with a variety of services, including ocean and air freight forwarding, domestic shipping, and customs clearance, which we excel in, to provide one-stop services and solutions that will help customers improve their business efficiencies. We will also be able to provide a variety of contract logistics services for Uyri LS 's specialty automobile after service parts to our customers. By combining the two businesses, we can make proposals that lead to optimization of the customer's supply chain, and we can expect synergies.

In February last year, we acquired UK based, Transfreight Automobile Logistics Europe Ltd., and its subsidiary, Transfreight Automobile Logistics Europe S.A.S, with a headquarter in France., and we are strengthening automobile logistics globally. With many inquiries from around the world, such as inventory management of automobile parts and consolidation of bases, we will continue to deeply understand the automobile market and provide supply chain logistics to meet customer needs.

<Uryi Logistics Solutions Co., Ltd Warehouse>

<Working in the Warehouse>

<General Information>

(*) WMS: Warehouse Management System

At midday, the opening of the Yusen Logistics Antwerp Healthcare Center took place in Melsele, Belgium. In the presence of customers, local authorities and representatives of the port of Antwerp, the official opening was completed by Mr. Kenji Mizushima, President of Yusen Logistics Co. Ltd., who came from Tokyo especially for the opening ceremonies.

The state-of-the-art Antwerp Healthcare Center, adjacent to the existing Yusen Logistics Antwerp Distribution Center (ADC), is equipped with an 'ambient' storage facility (15-25 ° C) with a capacity of approximately 10,000 pallet places and a cold store (2-8 ° C) section with a capacity of more than 4,000 pallets.

Later in the afternoon, the Yusen Logistics Roosendaal Healthcare Center, located in the Borchwerf II industrial area near Roosendaal, the Netherlands, was opened. With a push of a button by President Mizushima this warehouse was also officially opened. This certified pharma-logistics facility was specifically developed in response to the increasing demand for high-quality logistics solutions from pharmaceutical industry sector and manufacturers in the Netherlands. This warehouse, with a total capacity of over 11,000 m², is divided into a cold store (2-8 ° C) and an ambient temperature (15-25 ° C) section, as well as a specially secured storage room for narcotics.

During his speech, Yusen Logistics President Mizushima said: "Today we celebrate a very special occasion for Yusen Logistics worldwide. The opening of TWO brand new GDP-certified warehouses in one day! This milestone represents the strong dedication of Yusen Logistics to continually develop and improve our service to the pharmaceutical industry and I am very honoured to be able to witness this important moment today. I sincerely thank our customers for their support and for trusting us with their products. We will never forget that at the end of every supply chain, there is a patient."

This additional 20,000 m² of GDP-certified warehouse is a substantial expansion to the services that Yusen Logistics already offers in the Netherlands and Belgium to the pharmaceutical sector.

Towards the end of 2017, Yusen Logistics (Europe) BV reached an agreement to acquire Tibbett Logistics SRL, which at that time was a wholly owned subsidiary of the UK-based Keswick Enterprises Group. The name change to Yusen is the next logical development after the acquisition, and the new name is effective as of June 2018.  

On June 15^th, an opening ceremony was held in Romania to celebrate the name change and official opening of Yusen Logistics (Romania). The re-branding of the new name to the company properties and assets will gradually be completed in due course.

Yusen Logistics (Romania) is a domestic market leader within the contract logistics, warehousing, transport and intermodal sectors. Employing 1,400 people across 14 strategic locations nationwide, and with its country headquarters based in Bucharest, the company operates over 130,000 SQMs of warehousing. Additionally, Yusen Logistics (Romania) manages the Bucharest international rail freight container terminal (BIRFT). From these strategic locations with extensive road and rail accessibility, Yusen Logistics (Romania) provides customers with logistics solutions that cover not only the whole of Romania, but also the neighbouring countries in South East Europe. Yusen Logistics (Romania) is currently offering services in multiple market sectors, and has a particularly strong position within the retail and automotive industries.

By spreading their brand into Romania, Yusen Logistics will strengthen its strategic position in Eastern Europe and network worldwide.

Wim Pauwels, CRO of Yusen Logistics (Europe) BV, commented: “Part of Yusen Logistics’ vision and mission is to become the world’s preferred supply chain logistics company, providing dynamic solutions for our globalizing customers’ changing requirements. We are committed to continuing to develop our logistics solutions worldwide, and adding the fast-growing Romanian market to our network further connects and supports Yusen’s global objectives.”

David Goldsborough, Managing Director of Yusen Logistics (Romania), commented: “As Tibbett Logistics, we were able to build a strong position in the market in Romania. Now as Yusen Logistics (Romania), we will be able to expand upon this to offer a full range of integrated international supply chain solutions, incorporating Yusen Logistics’ ocean, air and land based services.” 

Yusen Logistics Co.,Ltd. hereby announces that the following personnel change of Representative Director have been resolved in the board meeting on June 26, 2018.

1. Reason for the Change

     We aim to further strengthen the management structure by speeding up business judgment and business   execution.

2. Name and Position of Newly Appointed Representative Director

3. Effective Date

     June 26, 2018

Photo: From left, Charles Bostick, Director of Transportation and Operations, Vantix Logistics; Jill Kraus, Manager, National Accounts, Yusen Logistics; Jeremiah Stokes, VP, Operations, Yusen Logistics; and Hector Ferrell, Transportation Manager, McLane Foodservice Distribution.

Yusen Logistics (Americas) Inc., a leading third-party logistics (3PL) provider, has been named the 2017 Tier 2 Intermodal Service Provider of the Year by Vantix Logistics.

This is the third year in a row that Yusen Logistics has received this honor, which recognizes the provider that meets and exceeds standards in service, performance, and capacity.

Vantix, a division of McLane Co. Inc. and a provider of supply chain solutions to the food and restaurant industries, presented the award to Yusen Logistics at its Annual Carrier Appreciation event recently held in Dallas, TX.

“Yusen Logistics continues to demonstrate performance and operational excellence in a very competitive environment,” said Charles Bostick, Director of Transportation and Operations, Vantix Logistics. “We are pleased to recognize the company once again as one of our premier service providers.”

“We are truly honored to receive this award for three years in the running,” said Jill Kraus, Manager, National Accounts, Transportation, Yusen Logistics, who accepted the award on behalf of the company. “This is a direct reflection on our commitment to provide our customers with outstanding service.”

Yusen Logistics is managing both intermodal freight and truck movements from food manufacturing plants across the U.S. to various McLane distribution centers nationwide.

About Vantix
Vantix is an industry-leading 3PL specializing in food industry supply chain solutions as well as time-sensitive goods that require careful handling and transportation. The combination of its logistics expertise, customizable transportation management system, select carrier relationships, focused customer service and significant supply chain resources from its parent company, McLane, help ensure that your shipments are delivered on-time, for the right price in the right condition. For more information, visit www.vantixlogistics.com.

About Yusen Logistics
Yusen Logistics is a global logistics and transportation provider that delivers custom supply chain solutions through one of the largest air, ocean, and land transportation networks. We have over 500 offices in 45 countries and regions, with more than 20,000 employees at your service. Combining our services gives you greater control over your supply chain. For more information, visit www.yusen-logistics.com.

Secaucus, NJ: Yusen Logistics (Americas) Inc., a leading third-party logistics provider, has been named to Inbound Logistics’ annual 75 Green Supply Chain Partners (G75) list.

This marks the fourth year Yusen Logistics has been named to the G75 list, which recognizes companies for their commitment to supply chain sustainability.

In recent years, Yusen Logistics has invested in green initiatives throughout its warehouse network. This year, the 3PL was recognized for upgrading its Carson, California campus with energy-efficient lighting and a white roof. Previously installed in the warehouse, the company expanded the LED system to include the office and exterior yard. The white roof keeps the warehouse cool by deflecting up to 80 percent of sunlight, resulting in significant energy savings.

In addition, Yusen Logistics is using lithium-ion battery-powered forklifts in its Carson warehouse, as well as at its Sumner, Washington facility. The lift trucks produce zero byproducts and the company expects to see an average energy savings of about 16 percent per truck.

TASCO BERHAD (TASCO) established a subsidiary, TASCO YUSEN GOLD COLD SDN BHD (TYGC), which operates a cold-chain business in Malaysia.

In January last year, TASCO, a Yusen Logistics subsidiary in Malaysia, reached agreements to acquire Gold Cold Transport Sdn Bhd, Inc. (GCT) and MILS Cold Chain Logistics Sdn Bhd(MCCL), two leading cold chain logistics providers in Malaysia, under demand for refrigerated transportation and cold storage facilities for perishable products, such as fresh produce, beverages and pharmaceuticals, is rising as a result of population growth and increased personal consumption throughout the ASEAN region. And TASCO completed the acquisition of GCT in July last year and MCCL in early June this year. In order to further expand cold-chain services, TASCO established a subsidiary, TYGC, which has been operating under the umbrella of GCT and MCCL.

GCT is one of the largest cold chain logistics providers in Malaysia. It has about 200 reefer trucks and a warehouse storage capacity of about 31,000 m², primarily handling frozen and chilled foods. GCT manages approximately 80% of the domestic share of ice cream distribution.

MCCL is the tenth largest cold chain logistics provider in Malaysia. It operates chilled and frozen warehouses (about 7,000 m²) in the area adjacent to Westport of Port Klang. Located near customs and port authorities, the area is also a commercial free zone. In addition to the purchase of MCCL, TASCO completed the acquisition of land (about 160,000 m²) and ambient warehouses (about 23,000 m²) in the area.

Both of these companies have obtained halal certification from the Malaysian government’s certification organization, the Department of Islamic Development Malaysia (JAKIM), and are able to provide cold-chain services for halal foods in Malaysia. We aim to create a one-stop cold-chain services by linking the both companies' know-how in Malaysia to our global network.

Following our Long-Term Vision, “TRANSFORM 2025”, we are focusing on "Expand cold-chain and healthcare business into one of the region’s main commercial pillars" and "Aggressively look for appropriate investment opportunities" as area themes of South Asia and Oceania region. We will expand the cold-chain business in Malaysia and its know-how globally, providing supply chain logistics service to meet customer needs.

GCT

MCCL

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PT. Yusen Logistics Indonesia has been awarded as THE BEST CUSTOM BROKERAGE in 2018 base on Indonesia Custom (KPU Bea Cukai) Tanjung Priok, Jakarta today during KPU Bea Cukai 11th Anniversary.

Custom Brokerage nomination has categorized as compliance level of total number and accuracy submission document export and import declaration and survey evaluation from custom’s officers at KPU Bea Cukai, Tanjung Priok seaport, Jakarta.

We would like to deliver our highly appreciation and sincere thanks to all PT. Yusen Logistics Indonesia customers who always have strongly support to give necessary documentation completely and timely so, our ocean forwarding members can submit document on time as well.

Click here for more information

It is anticipated that the acquisition (completed on the 1st August 2018) will result in a 12% revenue growth for Yusen Logistics pushing them towards being one of the UK’s top 10 logistics providers.

Established in 1990, ILG is a fast-growing market leader in ecommerce warehousing, fulfilment and delivery, with an added specific expertise in the fashion and beauty verticals. ILG’s unparalleled commitment to delivering the highest standards of service has led to significant growth over the last decade; quadrupling their facilities, which now offer over 175,000 square feet of warehousing, with over 220 employees serving more than 700 clients worldwide.

Yusen Logistics UK’s expansion into the UK’s fastest growing sector (e-commerce) is a direct response to changing market behaviour.  Yusen Logistics provides full end-to-end international supply chain services which will now give ILG and its customers additional expertise in customs brokerage, cross-border logistics, and access to a further 82 locations with 7 million square feet of warehousing across Europe.

This strategic alliance connects Yusen’s services with ILG’s specialist knowledge, people and infrastructure to deliver full end-to-end B2B and B2C supply chain solutions to an industry high standard.  By placing the customers’ requirements at the centre of the operation, with tailored solutions to safeguard and protect products at every stage of the ecommerce process, ILG and Yusen Logistics will seek to make the seamless fulfilment and delivery an integral part and extension of the customer’s brand deliverable.

Andy Fitt, Managing Director of Yusen Logistics (UK), commented: “This acquisition reinforces our commitment to continued investment in the UK and we’re delighted to be joining forces with ILG. Our businesses complement each other perfectly and together we bring a new and compelling proposition to the market.”

ILG Managing Director, Mike Stephenson, added: “Partnering with Yusen Logistics represents a huge opportunity for our customers and our people. Going forward, our customers will see new, enhanced services as well as the familiar high standards of care they’ve come to expect from us.”

As part of the appropriate acquisition process, Yusen Logistics UK utilised the services of Eversheds Sutherland for commercial and legal advice, together with BDO for financial due diligence.  No changes to the current ILG management team are expected, and it is very much ‘business as usual’ for all ILG customers. ILG and Yusen Logistics share a commitment to ensure that the new alliance will deliver a successful future for all customers and employees.